all detail for this call is well label on the chart , be patient to see this setup playout before you long your position
sage please this is the update for weekend
but if ETH closes below 371 then short ETH
always secure position with stop loss for effective Risk Management
after btc create a new high of 12k is now making moves to correct some of the rally make last week , but we are still bullish in the mid term
keys levels to watch if they are broken we decide if bulls are still much active on the market.the level has been spotted on the chart , apply risk management always in taking any position size , Bias is currectly neutral at...
last week was a tremendous week for ETH and BTC while some alt suffer great losses,
ETH is currently having resistance to the upside which is price action is label on the chart , once the resistance is broke and retest on the 4H , then we will have healthy bull run to the fifth target , the fifth target has been spotted on the chart
trade with Risk management for...
ethereum is now making the fourth wave of bullish run to hit the fourth target
target has been spotted which will be hit soon
Austria’s leading telecom provider A1 Telekom, through its subsidiary A1 Payments, has confirmed it will start accepting cryptocurrencies as a means of payment.
The accepted cryptocurrencies which include Bitcoin (BTC),...
lots of fundamental help btc to push to the upside such as US -China get tough , btc continue to moon , currrently btc stock with some resistance and there will a need for consolidation in order to continue moving up by breaking the anticipated consolidation.
BTC next targets have been label on the chart , lot of fundamental are now driving price to the upsize , paypal , visa , master card are some of the fundamentals creating momemtum to the upsize , can say we are now in bull run
after btc broken the liquidity trendline , we push to the downsize , but later turn to a fake out , which lead price to move up to the areas of demand
this is form a W pattern, we anticipate for every W pattern to be bullish to hit the first and second target. entry point and exit has been clearly define on the chart
if price refuse to break over to the upside to test the areas of supply which was the high level of traffic for bch , then we like to see a bearish candle at the resistance to short to support and probably break below
ETH has been bullish for couple of day now with previous 4hour candle close bullish but ETH got some traffic which has been a resistance at the price of $242 , we have good 16hours of testing the level but fail
so this lead to the creation of double top on the 4hour , so we could see a push to the downsize to test some lows , so that the bulls can get enough...
ETH having been building momemtum on the upside for a period of two days and the bears over shadows the bulls strength and liquiity trendline was broken
we have a head and shoulder pattern structure which is not a good investment ideas for to buy ETH ATM , but to short the price once the neckline is broken
btc make a prety nice movement yesterday during the New york open where much institutional traders long their position and hit the highs of the range before the decline .although we expect the bulls to substain the momentum but there was no enough pressure to push price to the upside due to some whales shorting their position,
we need the bulls to hold their...
btc is creating another new maket structure for downtrend
if price does not close above supply zone we could see further bearish market by this weekend and starting nextweek
possible areas for long and short has been define on the chart
btc created a short term downtrend and follow by a consolidation for some fews day , the range was broken and makes a new high , we anticipate for retest on the upper range level previous created to make another new high to reached the probable target . price must reject the area spotted before a long entry can be made to management risk ratio very well
btc market update
btc downtrend is over in the short term , btc is making is first uptrend structure by creating higher highs and highers lows , target has been define although is if the target is reached and broken above then we could see more news highs as we enter this summer
btc is on a downtrend market currently , creating consistent lower lows amd lower highs for than three days . although the weekend brough btc to consolidation , if btc breaks out of the consolidation as label on the chart to the downsize we could a see a further new lows be created in the short term as fears of second wave of covid 19 rises
btc broken out of the consolidation zone in the last two 4H candles, and a new low was found at the minor support , we anticipated that if this support is broken btc will test another new low of major support of 8.6K
probabble target and entry has been define on the chart